the red today. >> jpmorgan cut ge. they had numbers out on friday. [closing bell rings] liz: the bells are ringing on wall street. breaking news just in the last 26 minutes. a terror plot was foiled in canada. one in ontario, one in quebec. we're watching the story very closely. nonetheless we see green on the screen. s&p 500, said nasdaq is better by 27. russell is up two points. big earnings movers. caterpillar first of all, trading to the upside, despite missing analyst estimates, the company taking a hit from 34% drop in mining equipment sales for obvious reasons. slashing revenue and profit guidance for 2013. halliburton seeing a pop as earnings topped expectations. the company predicted margins would strengthen at the end of the year. halliburton says they expect prices to encrease in north america this year. liz: lots of action in commodity land.

did you see gold rebounding after last week's 7% loss. here you see $29 higher. this is the after-market session. gold metal did post gains for the third session in a row. gold climbing 1.8%, to close above $1400 a troy ounce now at 1425. oil is hitting a one week high as group of 20 nations offered no opposition to japan's stimulus program. crude settled the day up 75 cents at $88.76 a barrel. of course japan a big user of oil. "after the bell" starts right now. david: let's get to today's trading day. we have mike, gradient investment senior portfolio manager who says if you're not in equities well now's the time to get in. he will give us his top ways to play it. charles biderman, trim tabs

portfolio manager and trimtabs investment research chairman. he will think what he thinks is the number one most powerful company is. also mark sebastion, in the pits of the cme. mark, let's start with you and start with commodities. gold, looks like it found a floor, no? >> at least temporarily. just like apple. it its funny, two, apple and gold have nothing to do with each other yet those two stocks, that stock and that commodity have gone out and crushed so many people out there over the last year. so it is nice to see both of those catching a little bit. maybe rescue retail trader a little bit. if you look at the nasdaq 100, which was the big leader today, one of the things watching google and apple have been conspiring to make the mdx do nothing last six months. >> i don't think it is a real conspiracy. >> no, no. but those two stocks are basically been forcing the nasdaq 100, really tight range. we get two of those moving

same direction at the same time, that underperformance of the mdx could cause that thing to skyrocket. so i think that's a trade that may be out there. how does ndx trade versus the dow and dow which was the big leader and s&ps, was another big leader. that is trade i will really be watching. tomorrow's results could set the tone for the rest of the quarter on that trade. liz: netflix, nasdaq, stock, so it's been the real leader for the s&p 500 today. so when you look at that, certainly, impressivv, charles. let's get to you. the because you are at the moment a believer that gold has seen a near bottom, what do you mean? why are you saying that? a lot of people feel this is longer term trend to the downside. that the bears have a firm hold? >> well, there was massive liquidation of gold etf holdings, individuals whoever buys the etfs sold a huge amount but open interest kept rising and there was a big spike in demand for gold. there has been in india and

china. that is where the real demand is. it is not speculators here in the united states. worldwide, you know, the central banks are debasing currency and gold is 25% of my holdings. i think it should be significant portion of everybody's these days. david: michael, well, let's talk stocks. are you taking any cash out right now at these high levels? >> no. we're advising clients who have in the market right now to stay in the market. we still, have the same constructive criteria we see in the market are still there as a backdrop. we see a market that is fairly valued. earnings that are going to grow. housing picking itself up. earnings, earnings, we'll see have the first quarter. i think they will be pretty good. so far with small amount of earnings that are in, they have been pretty good. in general same things and tailwinds we saw for the market are still in place. for clients not invested, who are still fearful for 2008 type of calamity, i would recommend right now they get half invested what

their equity allocation should be, keep a little dry powder if we get this five% correction in the summer. david: by the way, netflix is out. we'll go to the numbers. there is a lot of after market activity. liz: we see a massive jump for netflix. the bid, $202. again anything could happen. sometimes you see big gyrations here but we just want to tell you as we parse through these numbers again, netflix i was the leader of the s&p 500 today, looking awfully, awfully perky in the after-market session. when you look at he can questions of all sorts, do you take a chance on some of the more volatile names like a netflix at the moment? >> well, it depend, i think that really depend who you are and what your objectives are. i think we have growth portfolio that we recommend for growth oriented investors. netflix is great for that. revenues are growing and earnings are growing and growing at rates, much, much

faster than the market. david: michael, we want to get specific numbers. we awe after-market activity, huge jump in netflix shares. adam shapiro with the specific numbers. adam, what is going on? >> david, earnings per share beat of 31 cents adjusted. street was expecting 19 cents. revenue came right in line,.02 billion. here is one of the reasons you might see a jump. 29.7 million subscribers as far as digital streaming. liz: outlook was higher than expected for q2, looking forward we need to let you know it is a very positive outlook for netflix which ones again found its footing. lost it about a year and a half ago when it implemented new pricing structure, people were very annoyed about that. they lost a lot of customers. david, you look at this, q1 domestic streaming net subscription additions, 2.03 million. david: huge. >> that is actually versus

2.05 million in q4. the market doesn't seem to mind this at all. david: mark, let me go to you specifically, they have been taking a lot of risks. netflix is if anything else, it is a gambler. they gamble on a lot of things. gambling on the series, house of cards. they spent $100 million producing that series, providing online content themselves. is this new strategy working? is that why the stock is popping? >> well they beat the number, they beat subscriber growth. that is what people want to see. content is king. look at cbs. cbs is making billions of dollars, i love lucy. the show hasn't produced a new episode in what, 80 years i don't know. netflix we're expecting about a $27 move. it is moving more than that right now. this is a huge beat. really points toward some strength. liz: in fact we gotten reaction from edward williams of bmo capital markets. ed, you look at what the headlines are here.

clearly it has got to be that outlook, that people have got enp cited -- excited about, because this is pretty big move in the after-market session. >> this is huge move in after-market. as you pointed out earlier it is a volatile stock which tend to have very significant moves when they report. but i think as, on a quick glance as you go through results for the quarter, the report was certainly very robust quarter. and i think it was really kind of across the board where the strength seems to have occurred looking at domestic dv. dids, domestic streaming international streaming. a little bit of everything where we saw some strength. david: edward, i don't want to rain on everybody's parade, great news for netflix. costs will increase. they're talking about issuing bond and borrowing money for the market in order to increase their products of these new series like house of cards they're doing. there is increased costs from licensing. that of course is not getting any cheaper. do these cost factors concern you at all? >> without a doubt, they

have to in that, but, i think what you want to keep in mind that netflix is in a position to control the amount that they're spending. that is kind of the key situation for them, with that, and they are obviously generating, they're producing a product that consumer really wants. david: they can't control the licensing costs. that is out of their control, right? >> the costs for licensing is out of control. the amount of cash that they're committing to it is within their control. liz: let me jump in. we have more breaking news i want to tell you about, ed. they are offering four different streaming plans, 11.99 a month. their streaming numbers were pretty phenomenal. 36 million streaming customers, streaming numbers. the numbers seem to be popular at least on that realm. what do they need to do to keep the momentum going? what do you need to see as an analyst? >> the key thing with regards to different plans i think what they're offering the ability to have multiple streams, multiple sult just

streams. -- simultaneousous. as they expand on a basis, experience level of outside the u.s. thus far they have experienced within the u.s.. david: ed, you have a price target on the stock at $165. it ended the day at $174. it is trading at $204 a share. will you upgrade your particular price target? >> key thing to in order to get to a higher price target making some assumptions you can do with pricing and what you can do with subs. we'll play around with the model at this point. david: but it does seem you're low balling it a bit based on these numbers, right? >> based on where the stock is trading clearly the market has very high expectation for the company and is willing to pay for it. i think what we have to sort through though, what is the value behind the hype? and that's what, that is the key thing for us.

liz: think your point is well-made, especially considering p-e ratio here is 60. very, very high. >> apple is nine right now. liz: thanks for that, ed williams. nice streaming numbers here. as we go to somebody like charles biderman and charles, we know you're very bearish over past couple years, especially on equity markets, worrying about bernanke and those issues are you worried that you missed on names like this. >> no. because we've been bullish for the last, since qe 4. when supply and demand for us. when the fed prints money we're bullish. when the fed stops printing money we're not bull. that is the sole-source of cash for the market. the fed creates 85 billion a month and puts it into equities and bonds and stocks. so there is more money chasing shares. the other thing that is important, companies have been announcing lots of

buybacks and doing lots of buybacks cash take jones and more money chasing fewer shares. doesn't matter that the realty is the underlying economy is not growing and getting a little weaker with the higher taxes, but, you know, and i also like netflix. i like amazon. i like sales force. i like companies that they actually are creating demand because they're new leading edge products. yes they have a very high p-e. so does sales force. so does amazon. but they're generate, they at tracking new revenues from new businesses that didn't exist before. netflix is a great example. david: one. hits against apple right now, which you are recommending. and this is to michael. they haven't come out with a new product line. they have been sort of revising some old models. does that concern you? are you still for apple even though the new products don't seem to be anywhere to be seen? >> i would agree with you, in the past couple quarters we haven't seen anything

compelling coming out. but i think that is going to change. i think we heard a lot about an i-watch. i think we heard about itv. we heard about a new ipad coming out. we'll get something not a complete makeover but a new iphone. i believe the product seitel will -- cycle will get much better next 12 months of the i think the stock is compelling. i compare it to caterpillar situation. they missed their numbers and lowered revenue guidance and the stock is up. apple numbers are so beat up and if the numbers are not completely off the chart horrific they will beat. liz: mark, thank you very much. david: thank you, gentlemen. liz: mgm resort is betting big you want to spend as much time outside the casino as inside. the chairman and ceo telling us why he is doubling down on a large outdoor park on the vegas strip. david: sound like fun. turbulence ahead. meanwhile with the airlines,

lines at the airport just got a lot longer as sequester cuts kick in. how bad is it going to get. is it worse, we're live at reagan international airport. we want to hear from you. senate allows states to impose sales tax on all online purchases. this is the biggie. this is the internet tax we heard about for so long. would this make you less likely to shop on the internet? log on to facebook.co facebook.com/afterthebell, tell us what you think. we'll read your answer as little later this hour. ♪ . [ male announcer ] at his current pace,

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liz: been a long time since we've seen a stock react like this in the after markets especially to the upside. take a look at shares of netflix, soaring after-hours following first-quarter earnings. we have back to nicole petallides. this is significant jump on very solid numbers. >> it is unbelievable to watch netflix after-hours on the move. we talked about a few

things. let's first go over the numbers. earnings per share blowout numbers. 31 cents a share versus estimates of 19 cents. revenue came right in line. subscriptions they got in was pretty unbelieveable. that is the big news for netflix. they see that jumping 2.03 million, domestic streaming edition. that is what everybody was looking for. i didn't hear too much about international expansion but we're watching to see about house of cards. so the analyst are watching that very closely going forward on netflix. and the, headlines continue to pour in here. the key one of the traders coming in and on his way out, some people have been shorting netflix. obviously soared this year. covering in the after-hours, as you and david know as well, there is less liquidity in the after-hours, if people are short-covering they're doing it obviously in a more difficult

environment. david: who would have guessed it was in double digits less than a year ago it is trading over 200. it hasn't traded over 200 a share since september 14th, 2011. this is long way coming. liz: long way to go. david: have you been to the airport recently? you go to the airport all the time. you go home to the airport to get back to new jersey. airport delays as faa furloughs begin to kick in. liz: rich edson at the airport. what are you hearing overall about the situation, rich? overall we got hundreds of delays yesterday. airline association says we could see up to a few thousand delays because of this when you look at this, go around the country, there are delays in charlotte, there are delays elsewhere. faa is saying there are delays basically close to coast. as far as specifics are concerned they could not provide us with any ties of numbers. that has a number about folks, especially republicans in congress say this is entirely structured

by the faa to inflict what they say is maximum pain on airline travelers. this is comment about bill shoeser, the chairman of the transportation and infrastructure committee. he said disregard for the american public is indicative that the admin strution -- administration views the sequester as a attempt to score political points rather than address issues and than find real savings in a bloated federal brock bureaucracy. the way they arranged the law, they have few other options. >> the faa unlike other agencies is personnel heavy. in the end you can not avoid, when 70% of your operating budget is personnel you can not avoid when the cuts are deep as they are in the sequester the kind of actions that are taken, these furloughs. that is the unfortunate fact of arbitrary across-the-board cuts like this. >> but the airline folks, the folks who represent the airlines, say basically when you talk about a $16 billion

annual budget at the faa you can find other ways to cut. therefore they have filed a suit. they're calling for a 30-day stay on all of this to find better ways instead of randomly cutting air traffic controllers. the way this works some 15,000 air traffic controllers nationwide, everyone has to take one day off every couple weeks. back to you. david: rich edson, in d.c. rich, thanks very much. liz: betting on the great outdoors? mgm resorts international where the company wants you to stay indoors in the casino, certainly is. the chairman and ceo is telling us why they're hoping a bit of fresh air for the customers might actually help boost revenue. david: also too little too late? that is what ralph nader is calling the president's minimum wage proposal. won't any increase in the minimum wage make unemployment levels even worse? a nader debate straight ahead on "after the bell." ♪ ♪. she knows you like no one else.

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david: so that is great news for netflx stockholders.

liz: we're going to be watching that stock throughout the after-market session. we've been hearing of companies looking to take it to the next level to really find a different way to appeal to their consumers by adding big attractions to their lineups. just last week we talked about royal caribbean adding a glass viewing pod attached to that arm that would then dangle over the ocean to their ships, now mgm resorts is betting big on a game-changing attraction at two of its las vegas casinos. a new york of style public park. and i think a european one as well. let's get jim in on this conversation, international chairman and ceo. jim, when i saw this, i thought, wait a minute, this is unbelievable considering that every casino i've ever been in, they want to keep you inside, not bring you outside. tell me what's at the heart of this idea. >> well, you're right. it's not your father's casino environment. this is to reflect the new

consumer, the consumer is experienced samplelers. they want not to be told what to do, and we're building a park that will be the connective tissue between two iconic resorts already, new york new york and monte carlo. we're bringing danny meyers from shake shack out to las vegas for the first time, and we're building a brand new 20,000-seat arena that will anchor this park. so imagine an indoor/out experience where people can go around and not be told what to do, do what they want to do, and i think it's going to benefit the existing resorts we have. liz: and you've also got the hershey's chocolate world. i like chocolate so, of course, i totally -- [laughter] i completely focused on chocolate world. but i guess that the most important question that the investor or the shareholder really wants to know is will the revenues that come from this type of attraction match or supersede the ones that you would see from gambling?

>> well, the good news here is that the fixed costs are already in place. we've spent billions of dollars as a company in las vegas. now, this incremental money while not insignificant, pales in comparison to those billions of dollars. so if we invest $100 million as we will here, the return on investment will be two or three times what it would be if we had to build these resorts from scratch. so i view this as a great job creator. we're going to create about a thousand or 1500 construction jobs. we're going to employ 2,000 permanent jobs once we're done, and the benefit to our existing resorts will be increased traffic in and out of our resorts and a very much higher return on investment than building from the ground up. liz: you know, we hear over and over people who are not in business say, oh, businesses are keeping their cash dry, their powder dry, they're too scared to invest. this appears to be the complete opposite. where do you get your courage to do something like this? >> well, las vegas is firmly on

its way back already. we'll hit over 40 million visitors to las vegas this year. we get our confidence based on the fact that we finished 2012 on a very high note. we're off to a very good start here in 2013. las vegas is a value destination. people are traveling. gas prices are lower. and we're finding more and more people visiting our resorts. and we feel that if we invest this type of capital, we can generate better returns. we're going to spend in las vegas this year as a company about $300 million with new restaurants, new nightclubs, new entertainment, and this park -- and we believe that that will yield better returns than we've had in the past when we've had to build from the ground up. liz: i look at this, and you're saying it'll create about 1500 new jobs, plus the construction, all of it seems to be a real generator here. tell me what you're trying to attract now. i would imagine it's the family customer because part of the

problem is ve gas seems so exciting with the shows, but kids can't go anywhere near the casino. do you feel you can get a new generation of people to look at it not just as a gambling destination, but as a opportunity to stay outside, have a great time, have the chocolate, have the shake shack, i see you're going to have an 800-degree pizza obvious -- oven and much more. >> social media's driving decisions, so we believe that we don't have to have a lot of folks that want to gamble a lot to do well from an economic perspective as long as we provide entertainment for them. people watching, outdoor theaters, outdoor festivals, um, moving in and out of food and beverage venues, going to a michael jackson show at mandalay bay, seeing a massive new restaurant club that just opened at mgm, over $100 million invested, if you can believe it, in a restaurant and nightclub.

people are experiencial, they want to sample new entertainment, and they don't want to be tied down or sucked into an environment. they want to be liberated to go where they want to go, and i think that's going to be a winner for that. liz: i'm with you. can't stand the cigarette smoke in casinos, so i'll be the one outside. >> i'll see you there. liz: jim, good to see you, thank you so much. by the way, david, they're in a quiet period, so we don't talk about stock in the quiet period with the ceo, but it's down about 6.7% other the past year. david: i'm going to be inside the casino smoking a cigar. of. [laughter] ralph nailedder is egging the congress -- nailedder is egging the congress on to increase the minimum wage. also, a proposed law could have you rethinking your next online purchase. we are live in d.c. with the taxing details. ♪ ♪

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david: that means unemployment rate is stuck at very high levels, particularly among the lowest paid. black teenage unemployment rate has been stuck between 0-40% --

30-40%, so is now really the time to make it even less likely that businesses may hire minimum wage by raising that cost? consumer advocate and occasional presidential candidate ralph nader believes so, and he's here to defend that position with us. so, ralph, you're a friend of the guys in the lowest rung of the ladder, but they're the ones that are getting killed by unemployment, particularly black teenage unemployment at rates of 43% in february. isn't minimum wage increase going to make that worse? >> not at all. it'll be an economic stimulus to create 140,000 jobs, according to economic -- david: okay, well, wait a minute. how do you create jobs by making it more expensive to hire people? >> by increasing consumer demand. that's been our history. the minimum wage increases consumer demand which creates jobs which gives low income workers enough money to meet the barest necessities of life. but you now have, david, 30 million american workers who are

making less today than their counterparts made in 1968, 45 years ago. and they're making less because the federal minimum wage is suck at 7.25. -- is stuck at 7 at any time 25. -- 7.25. can't we catch up with 1968? dade deafd we have something else that is stuck, and that is a huge unemployment rate. i know you're not happy with that unemployment rate. it is terribly high, and there's nothing worse than not having a job, even a low wage is not as bad as not having a job. aren't you concerned? isn't -- aren't you at all worried about the effect on unemployment of raising the minimum wage? because we've seen it happen before. >> two-thirds of all low income workers in this country are employed by large corporations like mcdonald's and walmart -- david: right. >> -- whose ceos are making $10 million or more a week. david: how does that effect the unemployment rate getting worse if we increase minimum wage? >> they can clearly afford it. this is a federal policy

designed to give 30 million workers who repair things for us, take care of our kids, ailing grandparents, serve our food, produce our food, clean up after us. it's a disgrace to say that this country cannot readjust to a minimum wage in real terms to that, that was in 1968. david: ralph, what is a real disgrace in my eyes is an unemployment rate that's hovering about 8%. we have never had a jumpback except during the depression as minimal and as anemic as our jumpback from this current recession. we have to increase employment, and, in fact, we have examples of where we've raised the minimum wage, and it has had exactly the opposite effect as you're talking about. there was a great study by william even, miami university and david mcpherson, and they conclude, and i'm quoting them here: the consequences of the minimum wage particularly for black young adults without a diploma were actually worse than the consequences of the great

recession. >> there are ten times more studies showing the opposite. one of them -- david: that's not true. >> -- is alan krueger, adviser to president obama. if you want to debate that, just go to other countries like ours that have a higher minimum wage, somehow they have -- david: ralph, i don't want to get into weeds. >> wait, wait. australia is double. minimum wage has a lower unemployment. david: hold on, hold on. you're mixing -- australia has a very low unemployment rate because their commodities industry has been feeding china for the past ten years. that's why they have -- it's not because of high minimum wage. >> try canada, try france, try germany, try denmark. any country in the western world has a higher real minimum wage. david: at the risk of totally -- >> no. david: -- making this into an academic discussion, david newmark looked at more than a

hundred academic studies, and 85% of those studies find a negative employment effect on low skilled workers. so you're wrong! >> why don't you reduce the minimum wage, david, you'll increase jobs. do you want to do that? this is a moral issue, and the moral issue is reflected by companies like costco that starts workers at $11.50 because the head of costco told me in a telephone conversation he believes in good wages and benefits. wait -- david: it's much better to have a job in the first place. it's much better to have a job of some kind. two out of every three minimum wage workers get a raise within one year, so the point is when you get your foot in the door, when you have a job which a lot of these low skilled workers don't have right now, that's the beginning of something good. >> listen, david, listen to me. stop interrupting me. there's a very important point here that has to be made. historically the minimum wage has raised up the lower level of

income. historically, it's done what henry ford did in 1914 when he doubled the ages of his workers. it has increased consumer demand. there are thousands of economists who say the problem in this country, there's not enough consumer demand to increase jobs. these people need the barest necessities of lifement -- of life. if there are a bunch of workers who are going to be dropped out when most of them are going to be raised, we can is have a federal jobs problem. do you know how many businesses are subsidizing walmart and other big box stores because these companies do not pay enough for minimum wage, so they tell their employee toss get on housing assistance, earned income credit -- david: ralph, i give you the last word because we have literally run out of time, but, ralph nader, it is always a pleasure to see you. thank you. >> just go to time for a raise.org. david: time for a raise.org. thanks, ralph. >> thank you. liz: apple gets ready to report earnings tomorrow. it got hammered last week.

up today about 2%. will apple sales disappointment, or will they get juicy numbers? stay tubed. ♪ ♪ it's as simple as this.

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>> i'm adam shapiro with your fox business brief. it was a reversal of fortune at the closing bell with all three major averages finishing in the green. the dow ended at 14,567. shares of texas instruments are getting a boost in after hours trading, first quarter earnings for the company beat estimates by two cents at 32 cents a share. revenue also topped expectations coming in at $2.9 billion. nike is removing some of its t-shirts from store shelves in the wake of the boston marathon bombing. those shirts were inspired by the new york yankees' 1978 victory in a tie-breaking game against the red sox for the division title and were sold at nike's factory store outlets.

those shirts, referring to 1978, featured blood-spattered lettering with the phrase, boston massacre. that's the latest from the fox business network, giving you the power to prosper. thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the pas and with that: you're history. instead of looking behind... delta is looking beyond.

80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. david: well, apple investors like me are bracing for tomorrow's big earnings report. the stock is down more than 40% from its all-time high just seven months ago. liz: now we've got an analyst who says the tech titan is still a buy despite the precipitous fall. senior equity research analyst, okay, we'll get into why you love this so much, but, first, what are you expecting from the numbers tomorrow? >> you know, for tomorrow we definitely are expecting lighte% revenues for the march quarter. if you look at supply chain data, it's -- numbers were a little lighter, we're expecting 500 million to a billion dollars

shortfall and eps slightly below where people are. david: but has this -- >> [inaudible] david: has this stock been beaten down so bad that all the bad news has been kind of cooked in? >> we think a lot of the bad news is cooked in here. we think the weak march and a guide down for june is cooked into, the baked into the stock over here. but from here on out, we still think apple needs to prove itself on the new product side, and we think they need to do some action on the balance sheet side. they need to increase dividend, do more buybacks to attach more value for -- attract more value investors. liz: this was the cane that under-- the company that underpromised and overdelivered with revenues. if they do come in lower on revenues, wouldn't that, obviously, just kill the stock? that would be the first time in a long time, would it not be, that they really did something like that? >> no, thai actually over the last few quarters they've come

in below expectations a few times -- liz: but to the point where you're expecting, but they're down for the count. so to have that happen again, would that then really cause a bigger move in the stock to the downside? >> yeah. you know, listen, i can't rule out that it won't cause any downside movement, but we think a lot of bad news that is in the stock, and we think that there's not a whole lot that has to go right for the stock to move higher from here. second half of the year there's a lot of new products that are coming in which should support the stock, and going into next year we think they'll be launching new product categories. for now we're thinking they'll do a cheaper iphone this year. david: but to the issue of new products, they've got to come out with some breakthrough products, but there's a question about management and whether tim cook is capable of providing that sort of out of the box thinking for a totally new, breakthrough product. do you think he can, or is it time for a change of management?

>> i think that's a great point. i think they need to prove themselves. the new management team needs to prove itself. ever since steve jobs is gone, we haven't seen a new product from the company yet, and they'll probably get another six or nine months to prove themselves before people -- david: wow. you say they, you're talking about tim cook. >> i'm talking about the entire management team. because it's not one guy running the company, it's the whole team up there. liz: as we finish up, apple tv, do we even bring that up again? [laughter] it's like waiting for -- >> yeah, i think they could do a few different things on the apple tv side. it's more about the content, how they can deliver content and how it's going to -- liz: are you expecting them to? will we see anything on that level? >> not this year. liz: not this year. okay. thank you so much for joining us. david: thanks. by the way, i just have to mention netflix. it continues to go higher. it is up 30% now from the close

today. it was already at 174 which is pretty high price for netflix. it is now trading, look at this, almost 12, 13 -- almost $213. liz: so watch out, you may be paying more when you shop online after this week. peter barnes joining us live from washington with the details, that's next. ♪ ♪ un. ♪ ♪ we went out and asked people a simple question:

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liz: the senate is expected to start voting as early as today on legislation that could mean a bigger bill when you buy online. david: peter barnes joining us live from washington, d.c. with more on the internet action. peter? >> reporter: that's right, david and liz, and those votes could get started in the next 45 minutes or so in the senate. this has led to a titanic battle between brick and mortar retailers and many internet retailers led by ebay. on sunday ebay ceo john donahoe e-mailed his sellers asking them to fight this legislation. it appears it could finally pass congress this year, in part because so many states -- including those with republican

governors -- need the revenue badly. donahoe wrote, quote: >> r eporter: you also would face prospect of being audited by out of state tax collectors. that's just wrong and an unnecessary burden on you. brick and mortar retailers say, there's an app for that. >> the bill provides for software from the states to help small businesses comply. we think that online marketplaces like ebay could also serve this function. so, therefore, we think it would be reasonably ease is i for -- easy for many businesses to comply with this law. >> reporter: states say the legislation could help collect $23 billion in additional tax revenue including from catalog sales. california alone would pull in an extra $4 billion a year. but this fight is really over an

exemption for small online retailers. the legislation would exempt those with under a million dollars in annual sales. ebay has been pushing for an exemption of $10 million or under or under 50 employees. david and liz. liz: thank you very much, peter barnes. david: so is fame and fortune really all that it's cracked up to be? a new study may throw cold water on that theory, coming right up. ♪

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david: it's time to go off the desk. now, being famous isn't all glitz and glamour. one study says it could shorten your life. scientists found that athletes, singers and act or to haves tend to die earlier than those with nonperforming careers. performers and athletes live on average 77 years while those in nonperforming careers live to be 79 years old. liz: stage fright will kill you. we asked you if this new internet tax would make you less likely to click and shop. ricky on facebook wrote in to say: david: and craig on facebook wrote in o say: david: i guess he's for it. liz: okay. the number one thingo